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See how verdicts work1-bedroom flat · SO50 5JQ
Sold STCReduced £10k (−6.7%) on 23 MayListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
JUST REDUCED FOR A QUICK SALE ...NO CHAIN... In a small block just a short walk into the town centre. A one bedroom ground floor apartment.
Set within communal grounds, parking is provided to the rear of the block. Entrance hall, dual aspect living room with a walk in bay window, Bedroom measuring 12'5" x 9'0", bathroom.
Gas central heating is installed and double glazed upvc windows. Entrance Hallway - Single panel radiator, laminate floor covering, doors to a large cupboard.
Lounge - 4.55 x 3.71 (14'11" x 12'2") - Dual aspect with a upvc double glazed bay window to the front and upvc double glazed window to the side.
Double and single panel radiator, laminate floor covering from the entrance hallway. Wall mounted heating control thermostat, provision of power points, telephone, television, Sky & Virgin point.
From here a solid panel door leads through to the kitchen.
Kitchen - 3.47 x 1.66 (11'4" x 5'5") - The kitchen is fitted with a range of light wood effect cupboard and drawer base units, heat resistant worksurface with a range of wall mounted cupboards over.
Inset stainless steel sink unit with drainer and a mixer tap, four burner 'Neff' gas hob with stainless steel chimney style extractor hood over.
Undercounter fan assisted oven, space and plumbing for a washing machine, ceramic glazed splashback tiling. Wall mounted 'Ideal' combination boiler. Upvc double glazed window to the front aspect.
Bedroom - 3.78m x 2.74m (12'5" x 9'0") - Single panel radiator, upvc double glazed window to the rear aspect OVERLOOKING THE COMMUNAL GARDEN. Laminate floor covering and a provision of power points.
Bathroom - 2.14 x 1.65 (7'0" x 5'4") - Fitted with a three piece suite comprising pedestal wash hand basin, close coupled wc, panelled bath, wall mounted extractor fan.
Electric shower and, chrome heated towel rail. A door opens to a storage cupboard with slatted linen shelving and houses the water meter.
Externally - An area to the rear is provided for off road parking, including a private space owned by the flat. Communal rear garden with washing line.
Tenure - This leasehold flat has 119 years remaining of a 125 year lease term, Ground rent is £100 a year, and Service charge is £1542 per year. Council Tax Band A -
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Nutbeem Road, Eastleigh
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